Taos police say the two pilots were conducting training exercises around 11 a.m. Wednesday when the single-engine, light sport aircraft crashed on airport property.
Authorities say the plane crashed 200 feet short of the runway.
Taos police didn't immediately release the names of the pilots.
Federal Aviation Administration spokesman Lynn Lunsford says FAA and National Transportation Safety Board officials are on their way to the scene to investigate the cause of the crash.
KOB-TV reports (http://bit.ly/1djsdWf) that the crash isn't affecting other flights at the airport.